The Lexington Condominium Residences
2Listings for Salefor Sale
3Listings for Rentfor Rent
840 Queens Plate Dr
The Lexington Condominium Residences
840 Queens Plate Drexpand addresses list
    2Listings for Salefor Sale
    3Listings for Rentfor Rent
    Walk Score
    63
    Transit Score
    70
    Bike Score
    58
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Royal Grand Developments
    Condo Completion
    2017
    Property Management
    Castle Condo Managment
    Unit Size Range
    549 - 1331 SQFT
    Number of Units
    170
    Number of Storeys
    17

    840 Queens Plate Dr | The Lexington Condominium Residences | Toronto, ON

    About this condo

    Condo Overview

    Turner Fleischer Architects is a jack-of-all-trades, having worked on everything from the adaptive repurposing of Maple Leaf Gardens to the sleep design of Nespresso’s Toronto flagship store. These adaptable architects were able to flex their creative muscles when planning The Lexington Condominium Residences, resulting in an elegant, black and white tower at 840 Queens Plate Drive.

    The condo was developed in 2017 by Royal Grand Developments and reaches to a cool 17 storeys. Not too big and not too small, 840 Queens Plate Drive contains 170 Toronto condos in all. And as for the amenities at The Lexington Condominium Residences, there’s a concierge, gym, meeting room, party room, and bicycle parking.

    The Suites

    Prospective residents looking for cozy, one bedroom Toronto condos for sale have come to the right place, and so have small families seeking something a little roomier — pun intended. While the smallest units at 840 Queens Plate Dr start at around 500 square feet, the largest reach to 1,300 and contain two bedrooms plus a den.

    The Lexington Condominium Residences straddle the line between elegant and modern. Bright, modern living spaces feature laminate flooring, plus ceramic tiles in foyers, kitchens, bathrooms, and laundry rooms. The kitchens are particularly sleek, with clean lines, maple kitchen cabinets, granite countertops, and stainless steel appliances.

    While 9-foot ceilings are the standard at 840 Queens Plate Dr, suites on the 1st, 10th, and 17th floors boast ceiling heights of 10 feet. And those who are concerned about water and energy consumption will be pleased to hear that these homes feature low-flow bath and showerheads, low-consumption toilets, and energy-efficient thermal windows.

    The Neighbourhood

    An address like 840 Queens Plate Dr is pretty exciting: residents live down the street from some of Etobicoke’s most sought-after attractions. To start, there’s Woodbine Mall, a large shopping centre that’s also so much more than that. Woodbine Mall is also home to Fantasy Fair, an indoor amusement park that serves a pretty important purpose for anyone with kids. Canada’s Wonderland may not be that far off from the Lexington Condominium Residences, but it’s most certainly not open year-round. Residents can also spend the day at the Woodbine Racetrack, and while children under 18 aren’t allowed to bet, they are welcome to watch the races.

    Yet another great thing about living in the Rexdale, West Humber, and Clairville neighbourhood is the abundance of green space in the area. Residents can spend time exploring parks along the Humber River, such as the Humber Arboretum and Humberwood Park. More extreme nature enthusiasts can also visit the Clairville Conservation Area, an 848-acre piece of land filled with rare bird species and even a couple of white deer.

    Transportation

    Although 840 Queens Plate Dr is a ways away from a subway station, that doesn’t mean residents need cars to get around. Residents can travel as far as Union Station in just over one hour by using a combination of buses and the UP Express train. Even Pearson International Airport can be reached in around 35 minutes via the 927 and 52 TTC buses.

    As for those who do drive, living so close to the 427 comes in handy. Accessible via an on-ramp on Rexdale Boulevard, this major highway transports drivers north toward the 407 and south to the 401 and the Gardiner Expressway.

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    Amenities

    Media Room
    Security System
    Sauna
    Gym
    Recreation Room
    Party/Meeting Room
    Guest Suites
    Visitor Parking
    Games Room
    Concierge

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    The Lexington Condominium Residences vs The Rexdale | West Humber | Clairville Area

    $203.00
    More Expensive
    per SQFT compared to the neighbourhood average
    The Lexington Condominium Residences's Avg
    price per SQFT
    $743
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $540
    / SQFT

    Building Trends At The Lexington Condominium Residences

    Days on Market

    Units at The Lexington Condominium Residences spend an average of
    27
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.5
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 14 condos in the Rexdale | West Humber | Clairville area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value

    The Lexington Condominium Residences offers the
    ?
    best value out of 14 condos in the Rexdale | West Humber | Clairville neighbourhood

    Return on Investment

    The Lexington Condominium Residences has the
    ?
    highest ROI out of 14 condos in the Rexdale | West Humber | Clairville neighbourhood

    Rental Yield

    The Lexington Condominium Residences yields the
    ?
    highest rent prices out of 14 condos in the Rexdale | West Humber | Clairville neighbourhood

    High Demand

    The Lexington Condominium Residences is the
    ?
    most popular building out of 14 condos in the Rexdale | West Humber | Clairville neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed568 - 649 SQFT
    Average Cost Per Sqft$791
    Sales Price Range$432,000 - $490,000
    Rental Price Range$1,850 - $1,875
    1 Bed + Den583 - 756 SQFT
    Average Cost Per Sqft$694
    Sales Price Range$405,000 - $520,000
    Rental Price Range$1,750 - $2,000
    2 Bed712 - 712 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,000 - $2,000
    2 Bed + Den966 - 966 SQFT
    Average Cost Per Sqft$661
    Sales Price Range$635,000 - $635,000
    Rental Price Range
    N/A

    How Often Are Units Listed?

    1 Bed549 - 751 SQFT
    Average Sales Availability
    Every87Days
    Average Rental Availability
    Every45Days
    Ratio of Unit Type in Building21%
    1 Bed + Den549 - 1210 SQFT
    Average Sales Availability
    Every23Days
    Average Rental Availability
    Every17Days
    Ratio of Unit Type in Building69%
    2 Bed712 - 966 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every164Days
    Ratio of Unit Type in Building3%
    2 Bed + Den949 - 1331 SQFT
    Average Sales Availability
    Every309Days
    Average Rental Availability
    Every115Days
    Ratio of Unit Type in Building8%

    Maintenance Fees
    The Lexington Condominium Residences vs The Rexdale | West Humber | Clairville Area

    $0.02
    More Expensive
    per SQFT compared to the neighbourhood average
    The Lexington Condominium Residences's Avg
    monthly maintenance
    fee per SQFT
    $0.61
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.59
    / SQFT

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